The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides various features that can help you take trades to the highest level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then see how many trades were opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.